REGISTERED COMPANY NUMBER: 06996853 (England and Wales)

REGISTERED CHARITY NUMBER: 1134674

Strategic Report, Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Seaton Sluice Community Association

(A Company Limited by Guarantee)

Page

Strategic Report

1

Report of the Trustees

2

to

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

to

15

The trustees present their strategic report for the year ended 31 January 2026.

Approved by order of the board of trustees on 1 September 2026 and signed on its behalf by:

Mrs E M Vuyk - Trustee

We present our Annual Report with the accounts of the Company to year end of January 2026.

Reference and Administrative Details

We are a company limited by guarantee, not having a share capital, and are a Registered Charity, No 1134674. Our Company Registration is 06996853. All Directors of the Company are also Trustees of the Charity and those in office this year were:

Directors/Trustees (Elected Committee members as of AGM November 2025)

Frances Free (Minute Secretary) Don Atha (Maintenance Officer)

Liz Vuyk (Treasurer and Bookings Secretary) Alison Thomas (Policies)

Claire Mitchell (Administration/Reception/Caretaker)

Elaine Kilroy (Volunteer Co-Ordinator) Plus Cathy Patterson (Craft Club Rep)

OBJECTIVES AND ACTIVITIES

Objectives and aims

Our objectives are to promote leisure, education, and wellbeing opportunities for people in the village and surrounding areas. We work in partnership with group leaders, Local Authorities, voluntary and other authorities, to provide facilities for social welfare recreation and leisure time, by maintaining safe, welcoming, and affordable rooms for rental for a wide range of clubs and activities. Our fifty regular activities include Art, Singing, Music, Photography, Creative Craft groups, Leisure and Dance for all ages and abilities, and other social and emotional support groups.

Significant activities

We welcomed new groups to the Centre:

Pins and Needles, Line Dancing, U3A Bowls. Unfortunately, due to our ageing volunteer force the Camera Club and Canny Craic groups folded.

Key Achievements during the year included:

1. Our new gates designed by Art Club Member (Dan Clarkson) was made and installed by MA Fabrication Solutions.

2. The ladies' toilet in the Library Block have been upgraded and redecorated.

3. The floor in the Main Hall has been cleaned and revarnished.

4. All the electric systems have been checked and passed. PAT testing has been completed on all portable equipment.

5. Our newly formed Big Bloomers Group won a Gold Award in the Seaton Valley Gardening competition. ETOS won Best Community Space.

6. The Volunteer Co-ordinator organised a Level 3 First Aid Course for thirteen volunteers and club members. Volunteers' Afternoon Tea was provided for all our volunteers and guests during Volunteer Week in June.

7. Our Luncheon Club continues to thrive, and 74 Christmas lunches were produced by 10 kitchen volunteers.

8. We finished the year with a successful Christmas Fayre. Over two hundred residents were entertained by Nicola Gauld School of Dance, and our Squeezebox and Ukulele groups.

Priorities for the coming year:

1. Continue to recruit and train new volunteers.

2. Decorate Room 11 and corridors plus Beverage Bay in Library Block.

3. Decorate Main Hall.

4. Continue to develop our Energy Project, including lowering the ceiling in the Main Hall.

5. The Bell Project, with the support of History Society and Friends of Church of Our Lady, to be progressed to Sull Planning stage.

6. Design and construct our memorial wall in the community garden.

7. Convert the Association to CIO.

8. Sort out our archives which are currently stored in the loft.

9. Take part in activities with NCC promoting Year of Reading.

FINANCIAL REVIEW

Reserves policy

Three officers of the charity are listed as signatories on the bank accounts with two of the three required to approve cheques, on-line transactions and setting up direct debits. An annual review of our charity's accounts is carried out by an independent person with the requisite ability and practical experience to carry out a competent examination. We prepare our accounts on an accruals basis in accordance with (CC17) - SORP FRS 102 for charitable companies with a gross income of less that £250,000.

The reserves policy of our charity emphasis's the importance of maintaining financial stability while being able to respond to unforeseen circumstances. We ensure that our reserves are sufficient to cover any potential liabilities and to support our ongoing activities. This includes setting aside funds for the future employment of key personnel and for essential maintenance and upgrades of our facilities.

On 31st January 2026 our deposit account with HSBC amounted to £195,168.69.

Our restricted reserves are:-

1) £15,000 for future employment of personnel in 3 - 5 years when we no longer have volunteers to run the Centre day-to-day.

2) £20,000 for new boilers/kitchen equipment and refit the Main Kitchen and Beverage Bay.

3) £20,000 for replacement of pine suspended floor in Main Hall.

4) £5,000 Upgrade Toilets in Main Hall.

5) £20,000 for curtilage and concrete replacement in the car parks.

6) £20,000 for running costs in the case of another COVID like outbreak and no furlough grants available (our Insurance Policy did not cover loss of rental income during COVID).

Total restricted reserves 2024/25 £23,000

Total restricted reserves 2025/26 £47.000

Restricted reserves 2026/27 £100,000

Reserves Account

On 31st January 2026 our revenue account with HSBC amounted to £10,574.38

The Treasurer seeks the Committee approval to:-

1) Agree to reduce rent charges by 50% for eligible groups with groups with children Under 18.

2) To maintain existing room rental charges until January 2027. Parties £35 but restricted during colder weather due to heating costs.

3) To support small groups, which cannot cover rental costs by introducing a £2.50 minimum fee per participant.

4) To continue with discounted rents for regular groups in August school holidays.

This policy to be reviewed in January 2027

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Governing Documents: Having operated as a Community Centre since 1974 we were incorporated on 29 August 2009 and are now governed by a Memorandum and Articles of Association.

Recruitment and appointment of new trustees

Recruitment and Appointment of Directors/Trustees: Directors/Trustees are appointed annually at the AGM, and we aim to reflect the diversity of the recipients of our services. New Directors/Trustees are encouraged to use the skills they bring to the benefit of the Association and are provided with induction and ongoing training as required. They are made aware of Charity Commission publications and other useful networking and training opportunities.

Risk management

We have assessed, and regularly review, the risks to which we and our centre users are exposed. Our Policies and Procedures aim to mitigate and reduce such risks. Centre hirers are provided with information and sign Risk Assessment Policies. No major risks have been identified. Financial risk management includes the setting and regular review of our Reserves Policy, to ensure that we maintain sufficient reserves to sustain operation should income-generating activities be curtailed. We also insure ourselves against loss of income in our Annual Insurance Policy.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06996853 (England and Wales)

Registered Charity number

1134674

Registered office

Seaton Sluice Community Centre Albert Ro

Seaton Sluice

Whitley Bay

Tyne and Wear

NE26 4QX

Trustees

D Atha Director

Mrs F Free Director

Mrs C E Mitchell Director

Mrs A Thomas Director

Mrs E M Vuyk Director

Company Secretary

Approved by order of the board of trustees on 1 September 2026 and signed on its behalf by:

Mrs E M Vuyk - Trustee

31.1.26

31.1.25

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

20,791

70,000

Other trading activities

2

42,519

34,657

Investment income

3

3,236

2,434

Total

66,546

107,091

EXPENDITURE ON

Raising funds

4

46,461

21,838

Other

1,834

1,380

Total

48,295

23,218

NET INCOME

18,251

83,873

RECONCILIATION OF FUNDS

Total funds brought forward

239,260

155,387

TOTAL FUNDS CARRIED FORWARD

257,511

239,260

31.1.26

31.1.25

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

8

52,423

53,803

CURRENT ASSETS

Cash at bank and in hand

205,337

185,851

CREDITORS

Amounts falling due within one year

9

(249

)

(394

)

NET CURRENT ASSETS

205,088

185,457

TOTAL ASSETS LESS CURRENT LIABILITIES

257,511

239,260

NET ASSETS

257,511

239,260

FUNDS

10

Unrestricted funds

257,511

239,260

TOTAL FUNDS

257,511

239,260

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 1 September 2026 and were signed on its behalf by:

E M Vuyk - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

2 Accounting Policies

· The accounts have been prepared in accordance with the provisions of FRS 102 in UK and Republic of Ireland for Small Entities and with Accounting and Reporting for Charities (Charities SORP – FRS102)

· As we meet the definition of a public benefit entity, assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated.

· The principal accounting policies adopted in the preparation of the financial statements have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

· Unrestricted funds are available for use at the discretion of the Directors/Trustees in furtherance of our general objectives. Restricted funds are subjected to restrictions on their expenditure imposed by the donor.

· All Income is included in the Statement of Financial Activities when we are entitled to the Income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

o Income from our Activities is recognised on an Accruals basis.

o Income received by way of Grants and Donations is included in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by ourselves, are recognised when we become unconditionally entitled to the grant. Grants related to the performance and specific deliverables are accounted for when as we earn the right to consideration by our performance.

o Investment income is included when receivable.

o The value of services provided by volunteers has not been included in these accounts.

· Expenditure is recognised on an accruals basis, including VAT. It comprises those costs incurred in the delivery of our activities and services. It includes both costs that can be allocated to such activities and those costs of an indirect nature necessary to support them.

· Depreciation is provided on a straight line basis at the following annual rate in order to write off each asset over its estimated useful life:

Freehold Property – 2%

· The accounts are presented in £ sterling.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	OTHER TRADING ACTIVITIES

31.1.26

31.1.25

£

£

Rent, Donations and Projects

42,519

34,657

3.	INVESTMENT INCOME

31.1.26

31.1.25

£

£

Interest receivable - trading

3,236

2,434

4.	RAISING FUNDS

Raising donations and legacies

31.1.26

31.1.25

£

£

Support costs

-

13,945

Investment management costs

31.1.26

31.1.25

£

£

Administrative expenses

-

573

Property repairs

26,690

7,320

26,690

7,893

Aggregate amounts

46,461

21,838

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.1.26

31.1.25

£

£

Accountancy Fees

454

-

Depreciation - owned assets

1,380

1,380

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2026 nor for the year ended 31 January 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2026 nor for the year ended 31 January 2025.

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

70,000

Other trading activities

34,657

Investment income

2,434

Total

107,091

EXPENDITURE ON

Raising funds

21,838

Other

1,380

Total

23,218

NET INCOME

83,873

RECONCILIATION OF FUNDS

Total funds brought forward

155,387

TOTAL FUNDS CARRIED FORWARD

239,260

8.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 February 2025 and 31 January 2026

68,980

DEPRECIATION

At 1 February 2025

15,177

Charge for year

1,380

At 31 January 2026

16,557

NET BOOK VALUE

At 31 January 2026

52,423

At 31 January 2025

53,803

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Accrued expenses

249

394

10.	MOVEMENT IN FUNDS

Net

movement

At

At 1.2.25

in funds

31.1.26

£

£

£

Unrestricted funds

General fund

239,260

18,251

257,511

TOTAL FUNDS

239,260

18,251

257,511

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

66,546

(48,295

)

18,251

TOTAL FUNDS

66,546

(48,295

)

18,251

Comparatives for movement in funds

Net

movement

At

At 1.2.24

in funds

31.1.25

£

£

£

Unrestricted funds

General fund

155,387

83,873

239,260

TOTAL FUNDS

155,387

83,873

239,260

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

107,091

(23,218

)

83,873

TOTAL FUNDS

107,091

(23,218

)

83,873

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.2.24

in funds

31.1.26

£

£

£

Unrestricted funds

General fund

155,387

102,124

257,511

TOTAL FUNDS

155,387

102,124

257,511

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

173,637

(71,513

)

102,124

TOTAL FUNDS

173,637

(71,513

)

102,124

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2026.